RBL Loans definition
Examples of RBL Loans in a sentence
The Debtors are authorized and directed to use the proceeds of the Senior Roll-Up Subfacility ($82,871,057.00) and the Junior DIP Facility on the closing date of the Senior DIP Facility and the Junior DIP Facility to repay the outstanding RBL Loans, which repayment shall be subject to paragraph 29 hereof.
If, after termination of this Agreement by any Consenting Stakeholder, holders of less than two-thirds of the aggregate outstanding principal amount of Notes or holders of less than two-thirds of the aggregate outstanding principal amount of RBL Loans are party to this Agreement, the Required Consenting Stakeholders may, in their sole discretion, terminate this Agreement upon three (3) Business Days’ written notice to all Parties, which shall be delivered in accordance with Section 15.10.
Date Executed: Name: Title: Address: E-mail address(es): RBL Loans Term Loans Second Lien Notes Unsecured Notes Other Company Party Claims Equity Interests 1 Capitalized terms used but not otherwise defined herein shall having the meanings ascribed to such terms in the Agreement.
Tranche B RBL Exit Facility Loans (the “Tranche B RBL Loans”) in an amount equal to $[●], which Tranche B RBL Loans (i) will be fully funded on the Closing Date, (ii) will have a maturity of 4 years from the Closing Date, (iii) will be prepaid or repaid only after no Tranche A RBL Loans remain outstanding, and (iv) once so prepaid or repaid, may not be reborrowed.
The proceeds of the Notes shall be used (a) to refinance one hundred percent (100%) of the Bridge Loan Debt, (b) subject to the refinancing of one hundred percent (100%) of the Bridge Loan Debt, to prepay all or a portion of the RBL Loans and/or (c) to pay Transaction Expenses.
Date Executed: Name: Title: Address: E-mail address(es): 2023 Notes 2024 Notes 2025 Notes 2026 Notes RBL Loans Interests 1 Capitalized terms used but not otherwise defined herein shall having the meaning ascribed to such terms in the Agreement.